- WEG is one of the highest growth capital goods companies in Latin America and is number one or two in all of its product lines. - It has a unique vertically integrated business model based on production flexibility and technological innovation. - Its diversified product lines allow for strong growth across different market cycles through organic growth and acquisitions.

1. Motors | Automation | Transformers | Energy | Paints and Varnishes
Investor Relations Presentation

2. n One of the highest growth capital goods companies; is number one or
number two in all product lines in Latin America
n Unique business model is based on vertical integration, production
flexibility and technological innovation
n Diversified product lines allows strong growth across different market
cycles
n We have a history of achieving CAGR of 18% over past 17 years through
organic growth and accretive acquisitions
n WEG 2020 Strategic Plan aims for R$ 20 billion / 17% CAGR through
international and product line expansion
1
2
3
4
5
1BM&F Bovespa: WEGE3 / OTC: WEGZY
Best way to invest in fast growing global energy efficiency
and renewable energy generation businesses

3. WEG business
The global solution with electric machines and automation for
industry and energy systems
2BM&F Bovespa: WEGE3 / OTC: WEGZY
Energy Generation, Transmission and Distribution (GTD)
Industrial Electro-Electronic Equipment
Paints and
Varnishes
Paints and Varnishes
Motors
Motors for domestic use
Automation
Motors Automation
Energy T&D

4. Typical Applications
Ventilation CompressorsPumps
Oil &
Gas
Mining
Sugar &
Ethanol
Ship
building
Steel
Pulp &
Paper
Cement
General
Industry
Generation
plants
Substations
Segments
ValueAdded
Generation ConversionComponents and integration
3BM&F Bovespa: WEGE3 / OTC: WEGZY
“The final destination”
Strategic integration of equipment into complete solutions
Generators / alternators
Wind Turbines
Solar inverter
Small Hydro Turbines
Automation (low & high
voltage switchgear, drives,
controls)
Critical power
Electric motors
Transformers
Gearboxes

5. Energy and industrial efficiency Renewable energy
Smart grid Electrical mobility
Electric motors represent around 25%
of world electricity consumption
Industrial productivity increases and
ISO 50.001 (energy management)
drives investments
Global need to diversify energy
sources and lower GHG emissions
Scale and technological development
increases viability
Increasing urbanization adds to
congestions and need of new solutions
Electric vehicles, hybrids or alternative
fuels will become more common
Electricity distribution network has to
become ”smarter”
More sensors, more automation, more
efficient generation and use of
electricity
4BM&F Bovespa: WEGE3 / OTC: WEGZY
Our industry is undergoing major change
Megatrends cause changes in demand and create opportunities

6. Appliance
Industrial
High Voltage
Generators
Biomass Systems
Small Hydro
Wind
Power
Dry
Distribution
Substations
Drives
Controls
Panels
Gearboxes
Gensets
Hydro Turbines
Steam Turbines
Gas Turbines
New BusinessMotorsEnergyT&DAutomation
5BM&F Bovespa: WEGE3 / OTC: WEGZY
Strategic Positioning

7. 19,3%
23,1%
9,1%
11,3%
6,3%
5,2%
4,0%
6,6%
4,9%
3,7% 3,0%
1,7%
-0,1%
-3,0%
A WEG B C D E F
CAGR 2005-2009
CAGR 2009-2013
6BM&F Bovespa: WEGE3 / OTC: WEGZY
Revenues Growth (US$) Profitability (EBITDA Margins)
Strategic Positioning
WEG’s revenue growth and EBITDA margins are among the highest
WEG
B
F
E
C
A
D
8,0%
10,0%
12,0%
14,0%
16,0%
18,0%
20,0%
22,0%
24,0%
2009 2010 2011 2012 2013

8. Competitive Advantages
Large and synergistic portfolio
Worldwide presence
One-stop shop concept
Mass customization
Production in low cost emerging markets
Low financial leverage
Focus on M&A enabling continuous future
growth
7BM&F Bovespa: WEGE3 / OTC: WEGZY
Clear competitive advantages
Unique business model creates important and stable advantages
WEG
Business
Model

9. 30
41
58
98
82
125
176
220
308
403
375
503
575
560
549
519
587
656
84310,9%
12,6%
18,5%
13,1%
15,7%
16,5%
17,2%
18,2% 18,3%
14,9%
16,7%
15,3%
12,4% 13,0%
11,8% 11,3%
10,6%
12,4%
59
67
96
119
133
188
256
293
381
475
462
617
839
1.021
812
789
851
1.017
1.230
18,1%
20,7%
22,5%
21,2%
23,5% 24,1%
22,8% 22,5%
21,5%
18,4%
20,5%
22,4% 22,7%
19,3%
18,0%
16,4% 16,5%
18,0%
CAGR
17.9%
Revenues (R$ million)
8BM&F Bovespa: WEGE3 / OTC: WEGZY
CAGR
18.4%
EBITDA and EBITDA Margin (R$ million)
CAGR
20.4%
Net Income and Net Margin (R$ million) ROIC
Solid growth track record
Business model allows to find and explore growth opportunities even under
unfavorable macroeconomic conditions
353
372
466
527
628
800
1.066
1.282
1.694
2.204
2.515
3.009
3.749
4.502
4.211
4.392
5.189
6.174
6.829
10,4%
13,5%
14,7%
15,9%
12,1%
10,0%
10,3%
11,8%
14,3%

10. 9BM&F Bovespa: WEGE3 / OTC: WEGZY
Growth rate
15,0%
3,6%
1,7%
4,1%
7,9%
3,1% 3,4% 3,7%
WEG's Revenue GDP Brazil Industrial Production
Brazil
Capital Goods
Industrial Production
Brazil
CAGR 10 years (2004-2013)
CAGR 5 years (2009-2013)

11. “More and Better” – maintain our competitive position in those
markets where we enjoy market leadership and / or strong brand
recognition, making sure we are able to keep up with the
markets’ organic growth;
International Expansion – penetrate new geographic markets
and use our strong position / recognized brand in some
products to synergistically expand the product line;
New Businesses – expand the product line into
business / products that complement the
offering
10BM&F Bovespa: WEGE3 / OTC: WEGZY
1
2
3
Growth drivers

12. 4.392
5.189
6.174
6.829
20.000
18%
19%
11%
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
11BM&F Bovespa: WEGE3 / OTC: WEGZY
1/3
Non Organic
2/3
Organic
WEG Strategic Plan 2020
Corporate aspiration of R$ 20 billion by 2020. Growth comes from diverse base,
with a disciplined approach to organic and non-organic expansion

13. Technology
MarketAccess
2010
2010
2010 2010
2011
20112011
2011
2012
2012
2012
12BM&F Bovespa: WEGE3 / OTC: WEGZY
Portfolio Strategy
Clear vision of attractiveness of opportunities
March 2014
February 2014
September 2013

14. 13BM&F Bovespa: WEGE3 / OTC: WEGZY
2008
Revenue profile
2013
61,2%
21,8%
10,6%
6,4%
Industrial Equipment GT&D Equipment Domestic Use Paints & Varnishes
R$ 6.8 billion
55,3%
27,2%
12,3%
5,2%
R$ 4.5 billion

15. 14BM&F Bovespa: WEGE3 / OTC: WEGZY
Revenue profile
2013
2008

16. 15BM&F Bovespa: WEGE3 / OTC: WEGZY
Produced and sold in Brazil
Produced in Brazil and exported
Produced and sold abroad
CHINA
MEXICO
PORTUGAL
ARGENTINA
INDIA
AUSTRIA
UNITED STATES
SOUTH AFRICA
BRAZIL
Global production platform
Production outside Brazil is expanding and will exceed
20% of total over medium term
70%
30%
2000 50%
35%
15%
2013

17. (% of Net Revenues)
16BM&F Bovespa: WEGE3 / OTC: WEGZY
Working capital needs
0,0%
10,0%
20,0%
30,0%
40,0%
50,0%
1Q06 1Q07 1Q08 1Q09 1Q10 1Q11 1Q12 1Q13 1Q14
Working Capital
Inventories
Clients
Suppliers
Advances

18. Capex (R$ million)
17BM&F Bovespa: WEGE3 / OTC: WEGZY
Research & Development (R$ million)
Net Earnings and Dividends (R$ million)
Use of cash
42 38 49 73 83
126
206
146
111
305
457
226 233
188
238 244
8,0%
6,1%6,1%
6,8%
6,5%
7,4%
9,3%
5,8%
3,7%
8,1%
10,2%
5,4%
5,3%
3,6% 3,9%
3,6%
% of Net Revenues
16 18 18 21 30 34
63
73
86 89 83
101
131
148
183
2,5%
2,3%
1,7% 1,6%
1,8%
1,5%
2,5% 2,4%
2,3%
2,0% 2,0%
2,3%
2,5%
2,4%
2,7%
% of Net Revenues

19. Issuer
Ticker
Number of Shares
Share price
Market value
WEG S.A.
WEGE3 (BM&Fbovespa) / WEGZY (OTC – ADR Level 1).
Listing Segment Novo Mercado (since 2007)
Issued: 807,176,538
In treasury: 615,564
Ex-treasury: 806,560,974
On Dec 30, 2013: R$ 23.97
On Apr 23, 2014 : R$ 26.54
On Dec 30, 2013: R$ 19,347 million
On Apr 23, 2014 : R$ 21,422 million
Liquidity (average
daily volume)
In 2013: R$ 15,193 thousand / day
In 2014: R$ 15,465 thousand / day
Composition of
Free Float
56% - Foreign institutions
03% - Brazilian institutions
41% - Others (individuals, etc.)
18BM&F Bovespa: WEGE3 / OTC: WEGZY
Key information
Capital market

20. 35%50%14%
WEG S.A.WEG S.A.
Voigt
33.3%
Voigt
33.3%
Silva
33.3%
Silva
33.3%
Werninghaus
33.3%
Werninghaus
33.3%
Treasury Shares
and Management
Treasury Shares
and Management
WPA
Participações e
Serviços S/A
WPA
Participações e
Serviços S/A
Founders’
Families
(directly)
Founders’
Families
(directly)
Free FloatFree Float
1%
19BM&F Bovespa: WEGE3 / OTC: WEGZY
Shareholding structure

21. 6,00
8,00
10,00
12,00
14,00
16,00
18,00
20,00
22,00
24,00
26,00
28,00
WEGE3shareprices(R$)
2020BM&F Bovespa: WEGE3 / OTC: WEGZY
Inclusion
MSCI Brazil
Inclusion
Ibrx-100
Selected for
ISE 2013
Selected for
ISE 2014
WEGE3 performance
WEG’s shares achieved important indexes

22. Average Daily Traded Volume (R$ th)
Average Daily Trades
2121BM&F Bovespa: WEGE3 / OTC: WEGZY
Liquidity – WEGE3
9.833
7.697
6.062
6.750
7.442
10.343
15.193
15.465
373
452
465
599
796
1.076
2.165
2.100

23. 22BM&F Bovespa: WEGE3 / OTC: WEGZY
Highlights
Yearly Figures
2013 2012 % 2011 %
Net Operating Revenue 6.828.896 6.173.878 10,6% 5.189.409 19,0%
Domestic Market 3.432.040 3.016.662 13,8% 2.902.958 3,9%
External Markets 3.396.856 3.157.216 7,6% 2.286.451 38,1%
External Markets in US$ 1.569.891 1.610.330 -2,5% 1.361.689 18,3%
Gross Operating Profit 2.236.766 1.880.856 18,9% 1.556.051 20,9%
Gross Margin 32,8% 30,5% 30,0%
Quarterly Net Income 843.467 655.979 28,6% 586.936 11,8%
Net Margin 12,4% 10,6% 11,3%
EBITDA 1.230.032 1.016.748 21,0% 851.155 19,5%
EBITDA Margin 18,0% 16,5% 16,4%
EPS 1,35950 1,05730 28,6% 0,94605 11,8%
Figures in R$ Thousands

24. 23BM&F Bovespa: WEGE3 / OTC: WEGZY
Highlights
Quarterly Figures
Q1 2014 Q4 2013 % Q1 2013 %
Net Operating Revenue 1.783.543 1.893.299 -5,8% 1.477.577 20,7%
Domestic Market 895.446 913.388 -2,0% 772.935 15,9%
External Markets 888.097 979.911 -9,4% 704.642 26,0%
External Markets in US$ 375.677 428.229 -12,3% 353.077 6,4%
Gross Operating Profit 570.421 615.847 -7,4% 463.604 23,0%
Gross Margin 32,0% 32,5% 31,4%
Net Income 204.887 237.439 -13,7% 172.299 18,9%
Net Margin 11,5% 12,5% 11,7%
EBITDA 299.643 341.653 -12,3% 248.898 20,4%
EBITDA Margin 16,8% 18,0% 16,8%
EPS 0,33023 0,38270 -13,7% 0,27772 18,9%
Figures in R$ Thousand

25. 24BM&F Bovespa: WEGE3 / OTC: WEGZY
Highlights
Balance sheet – Assets
(R$ thousands)
R$ % R$ % R$ %
CURRENT ASSETS 6.851.787 68% 5.710.017 64% 5.867.061 64%
Cash & cash equivalents 3.373.799 33% 2.563.500 29% 2.931.615 32%
Receivables 1.658.806 16% 1.472.839 17% 1.307.692 14%
Inventories 1.445.927 14% 1.306.273 15% 1.362.314 15%
Other current assets 373.255 4% 367.405 4% 265.440 3%
LONG TERM ASSETS 123.866 1% 88.833 1% 432.469 5%
Long term securities 2.230 0% 2.032 0% 280.635 3%
Deferred taxes 60.376 1% 36.891 0% 111.488 1%
Other non-current assets 61.260 1% 49.910 1% 40.346 0%
FIXED ASSETS 3.165.640 31% 3.074.700 35% 2.806.331 31%
Investment in Subs 7.264 0% 7.622 0% 349 0%
Property, Plant & Equipment 2.614.556 26% 2.537.094 29% 2.445.760 27%
Intangibles 543.820 5% 529.984 6% 360.222 4%
TOTAL ASSETS 10.141.293 100% 8.873.550 100% 9.105.861 100%
December 2011
(C)
December 2013
(A)
December 2012
(B)

26. 25BM&F Bovespa: WEGE3 / OTC: WEGZY
Highlights
Balance sheet – Liabilities
(R$ thousands)
R$ % R$ % R$ %
CURRENT LIABILITIES 2.578.048 25% 3.012.824 34% 2.752.960 30%
Social and Labor Liabilities 216.553 2% 168.831 2% 161.436 2%
Suppliers 420.250 4% 331.037 4% 298.195 3%
Fiscal and Tax Liabilities 139.570 1% 126.655 1% 88.473 1%
Short Term Debt 912.796 9% 1.645.772 19% 1.701.435 19%
Dividends Payable 87.723 1% 79.381 1% 2.804 0%
Advances from Clients 459.130 5% 358.124 4% 285.843 3%
Profit Sharring 34.191 0% 33.559 0% 26.314 0%
Other Short Term Liabilities 307.835 3% 269.465 3% 188.459 2%
LONG TERM LIABILITIES 2.920.978 29% 1.709.100 19% 2.446.312 27%
Long Term Debt 2.296.208 23% 1.044.068 12% 1.756.293 19%
Other Long Term Liabilities 95.031 1% 137.916 2% 122.485 1%
Deferred Taxes 294.405 3% 320.503 4% 421.918 5%
Contingencies Provisions 235.334 2% 206.613 2% 145.616 2%
MINORITIES 84.495 1% 91.277 1% 106.477 1%
STOCKHOLDERS' EQUITY 4.557.772 45% 4.060.349 46% 3.800.112 42%
TOTAL LIABILITIES 10.141.293 100% 8.873.550 100% 9.105.861 100%
December 2011
(C)
December 2013
(A)
December 2012
(B)

27. 26BM&F Bovespa: WEGE3 / OTC: WEGZY
Highlights
Balance sheet – Cash flow (R$ thousands)
3 Months 3 Months
2014 2013
Operating Activities
Net Earnings before Taxes 269.317 221.413
Depreciation and Amortization 58.805 52.136
Provisions: 88.495 67.655
Changes in Assets & Liabilities (12.641) (6.294)
(Increase) / Reduction of Accounts Receivable 118.511 91.360
Increase / (Reduction) of Accounts Payable 50.259 46.754
(Increase) / Reduction of Investories (10.915) (10.480)
Income Tax and Social Contribution on Net Earnings (81.448) (71.190)
Profit Sharing Paid (89.048) (62.738)
Cash Flow from Operating Activities 403.976 334.910
Investment Activities
Fixed Assets (64.284) (56.759)
Intagible Assets (3.208) (811)
Results of sales of fixed assets 490 903
Accumulated Conversion Adjustment (53.618) (25.135)
Long term securities bought 132 (4.497)
Goodwill in Capital Transactions (2.699) (5.169)
Acquisition of Stakes of non-controlling shareholders (5.947) (6.268)
Aquisition of Subsidiaries (13.229) -
Cash Flow From Investment Activities (142.363) (97.736)
Financing Activities
Working Capital Financing 16.382 827.186
Long Term Financing (112.601) (136.811)
Interest paid on loans and financing (43.588) (11.277)
Treasury Shares - -
Dividends & Intesrest on Stockholders Equity Paid (248.230) (204.724)
Cash Flow From Financing Activities (388.037) 474.374
Change in Cash Position (126.424) 711.548
Cash & Cash Equivalents
Beginning of Period 3.373.799 2.302.256
End of Period 3.247.375 3.013.804

28. 27BM&F Bovespa: WEGE3 / OTC: WEGZY
Highlights
Balance sheet – Debt and cash position
(R$ thousands)
Cash & Financial instruments 3.376.029 2.565.532 3.212.250
- Current 3.373.799 2.563.500 2.931.615
- Long Term 2.230 2.032 280.635
Debt 3.209.004 100% 2.689.840 100% 3.457.728 100%
- Current 912.796 28% 1.645.772 61% 1.701.435 49%
- In Brazilian Reais 462.336 14% 1.067.683 40% 585.687 17%
- In other currencies 450.460 14% 578.089 21% 1.115.748 32%
- Long Term 2.296.208 72% 1.044.068 39% 1.756.293 51%
- In Brazilian Reais 2.048.766 64% 824.910 31% 1.560.712 45%
- In other currencies 247.442 8% 219.158 8% 195.581 6%
Net Cash (Debt) 167.025 (124.308) (245.478)
December 2013 December 2012 December 2011